Equifax

EFX Q3 2025 Earnings

Reported Oct 21, 2025 at 6:32 AM ET · SEC Source

Q3 25 EPS

$2.04

BEAT +5.39%

Est. $1.94

Q3 25 Revenue

$1.54B

BEAT +1.43%

Est. $1.52B

vs S&P Since Q3 25

-29.2%

TRAILING MARKET

EFX -21.9% vs S&P +7.4%

Market Reaction

Did EFX Beat Earnings? Q3 2025 Results

Equifax delivered a clean beat across the board in Q3 2025, reporting revenue of $1.54 billion, up 7.2% year over year and ahead of the $1.52 billion consensus, while adjusted diluted EPS of $2.04 cleared the $1.94 estimate by 5.39%, supported by a 1… Read more Equifax delivered a clean beat across the board in Q3 2025, reporting revenue of $1.54 billion, up 7.2% year over year and ahead of the $1.52 billion consensus, while adjusted diluted EPS of $2.04 cleared the $1.94 estimate by 5.39%, supported by a 10% year-over-year gain in per-share earnings. The standout driver was USIS, which posted 11% growth, well above the segment's 6-8% long-term framework, with mortgage revenue alone surging 26% even as U.S. Mortgage hard pull inquiry volumes fell 7% year over year. GAAP net income attributable to Equifax reached $160.20 million, up 13% from the prior year. Management lifted full-year 2025 guidance, raising the revenue midpoint by $40 million to a range of $6.03 billion to $6.06 billion and adjusted EPS guidance by $0.12 to $7.55 to $7.65, while free cash flow guidance moved to $950 million to $975 million. Citi maintained a Buy rating on the stock following the results, reflecting broader analyst confidence in Equifax's execution.

Key Takeaways

  • Strong 13% U.S. Mortgage revenue growth despite decline in underlying mortgage market
  • Workforce Solutions Government vertical high single digit growth
  • USIS Mortgage revenue growth of 26%
  • Non-Mortgage Verification Services revenue growth of 7%
  • Double digit growth in Consumer Lending businesses
  • New Product Innovation with Vitality Index of 16%
  • International local currency growth of 7% led by Canada and Latin America
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EFX YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

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EFX Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q1 26
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EFX Revenue by Geography

With YoY comparisons, source: SEC Filings

Q2 25 Q1 26

“Equifax delivered strong third quarter revenue of $1.545 billion, up 7% on both a reported and local currency basis, that was $25 million above the midpoint of our July Guidance. This was led by strong 13% U.S. Mortgage revenue growth, strong Workforce Solutions Government vertical results, and continued momentum in New Product Innovation with a Vitality Index of 16% despite headwinds from the U.S. Mortgage and Hiring markets.”

— Mark W. Begor, Q3 2025 Earnings Press Release